State Street SPDR S&P Insurance ETF
KIE
53 hedge funds and large institutions have $335M invested in State Street SPDR S&P Insurance ETF in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 13 closing their positions.
70.4% more ownership
Funds ownership: 259.64% → 330.04% (+70%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $303M → $335M (+$32.2M)
9% less funds holding
Funds holding: 58 → 53 (-5)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$18.3M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$15.8M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.6M |
| 4 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$4.37M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.99M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.52M |
| 5 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$806K |
KIE Hedge Fund Activity: Q1 2015 in Review
53 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2015, worth a combined $335M — up 11% from $303M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KIE and 9 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was Xponance, adding an estimated $18.3M. The largest seller was Bank of America, cutting an estimated $10.6M.
- 53 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2015, down from 58 in Q4 2014.
- Funds reported $335M of State Street SPDR S&P Insurance ETF stock for Q1 2015, up 11% quarter-over-quarter.
- 9 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2015 and 13 closed out, a net change of -4 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q1 2015 was Xponance, an estimated $18.3M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q1 2015 was Bank of America, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2015.